28th Sep 2011 13:06
Alternative Asset Opportunities PCC Limited (the "Company")
28 September 2011
Renewal of Loan Facility
Further to the announcements on 29 July 2011 and 12 September 2011, the Board of Alternative Asset Opportunities PCC Limited announces that it has received the remaining approval from the Central Bank of Ireland and has now signed a renewal of the loan agreement with Allied Irish Banks to cover the necessary funding up to the end of March 2012.
In addition, as previously advised, the Company has received formal certification of two policy maturities relating to one life assured with a total face value of US$1.9 million. The benefit of this, which is expected to amount to approximately 1.8 pence per share, will be included in the Company's NAV as at 30 September 2011.
Enquiries:
Peter Ingram Company Secretary | Tel: +44 (0) 20 7065 1467 |
Related Shares:
TLI.L